PGIM
Director, Operational Risk Management - PGIM Public and Private Fixed Income (Hy
PGIM, Newark, New Jersey, us, 07175
Director, Operational Risk Management - PGIM Public and Private Fixed Income (Hybrid)
Join PGIM in this Director role. As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact – touching the lives of millions and solving financial challenges in an ever‑changing world. We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers! If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today. At PGIM, You Can!
This is a hybrid position. You will be required to be on‑site on a recurring basis as determined by your manager.
What you can expect:
Conduct detailed risk assessments/control reviews for existing processes, new products, and initiatives by ensuring key operational risks and controls are properly identified, assessed and documented.
Review and analyze errors and other risk events, perform root‑cause analysis, identify trends, and recommend corrective measures.
Report to Senior Management on key operational risks, significant risk events, status of outstanding issues, and other topics.
Assist in risk aggregation and reporting, including collecting, identifying, developing, and reviewing key risk indicators.
Promote Prudential’s Operational Risk Management framework policies and procedures across the PGIM Public and Private Fixed Income businesses.
Monitor, analyze, and communicate emerging risks and external events.
Collaborate closely with regional offices and support functions across the business to reinforce operational risk ownership and accountability.
Act as an Internal Audit liaison, including planning and coordination for internal audits and assisting in the development, monitoring, and closure of audit‑related action plans.
Oversee Sarbanes‑Oxley walkthroughs, identification/validation of key controls, and coordination of the annual fraud assessment.
Coordinate various requests from Internal Audit, internal departments, regulatory agencies, external auditors and others.
Collaborate closely with other control functions and reinforce risk ownership and accountability.
What you will need:
Expanded product knowledge in the fixed income industry, including exposure to diverse products such as private debt, direct lending, and mezzanine funds and various fund structures.
Minimum of 8 years of audit and/or operational risk management experience in the asset‑management industry. Audit experience is a plus.
Previous experience in a global organization, including facilitating risk and control self‑assessments, reporting and analyzing internal and external risk events, developing key risk indicators, and performing scenario analysis.
Ability to lead a small team of risk professionals.
Analytical mindset and ability to identify, assess, and mitigate key risks, and perform root‑cause analysis.
Ability to effectively influence, negotiate, and drive change within an organization while retaining independence.
Highly ethical individual with a strong moral compass who can effectively challenge management while partnering effectively with them.
Results‑oriented individual who can transform strategy into action.
Excellent project management and multi‑tasking skills.
Superior oral and written communication skills.
Excellent relationship‑management skills with the ability to partner and build professional relationships in a cross‑functional environment.
CFA, MBA or similar certification/credentials are a plus.
What we offer you:
Market‑competitive base salaries, with a yearly bonus potential at every level.
Medical, dental, vision, life insurance, disability insurance, paid time off (PTO), and leave of absence such as parental and military leave.
401(k) plan with company match (up to 4%).
Company‑funded pension plan.
Wellness programs, including up to $1,600 per year for reimbursement of items purchased to support personal well‑being.
Work/life resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
Education benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
Employee stock purchase plan: shares can be purchased at 85% of the lower of two prices (beginning or end of the purchase period) after one year of service.
PGIM welcomes all applicants, even if you don’t meet every requirement. If your skills align with the role, we encourage you to apply.
Salary Range:
$150,000 to $170,000 (may vary by location, experience, and skills).
Seniority level: Director Employment type: Full‑time Job function: Finance and Sales
Prudential is an equal‑opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, genetics, disability, marital status, age, veteran status, domestic‑partner status, medical condition, or any other characteristic protected by law.
If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.
If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.
Prudential Financial, Inc. of the United States is not affiliated with Prudential plc., which is headquartered in the United Kingdom.
A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE
#J-18808-Ljbffr
This is a hybrid position. You will be required to be on‑site on a recurring basis as determined by your manager.
What you can expect:
Conduct detailed risk assessments/control reviews for existing processes, new products, and initiatives by ensuring key operational risks and controls are properly identified, assessed and documented.
Review and analyze errors and other risk events, perform root‑cause analysis, identify trends, and recommend corrective measures.
Report to Senior Management on key operational risks, significant risk events, status of outstanding issues, and other topics.
Assist in risk aggregation and reporting, including collecting, identifying, developing, and reviewing key risk indicators.
Promote Prudential’s Operational Risk Management framework policies and procedures across the PGIM Public and Private Fixed Income businesses.
Monitor, analyze, and communicate emerging risks and external events.
Collaborate closely with regional offices and support functions across the business to reinforce operational risk ownership and accountability.
Act as an Internal Audit liaison, including planning and coordination for internal audits and assisting in the development, monitoring, and closure of audit‑related action plans.
Oversee Sarbanes‑Oxley walkthroughs, identification/validation of key controls, and coordination of the annual fraud assessment.
Coordinate various requests from Internal Audit, internal departments, regulatory agencies, external auditors and others.
Collaborate closely with other control functions and reinforce risk ownership and accountability.
What you will need:
Expanded product knowledge in the fixed income industry, including exposure to diverse products such as private debt, direct lending, and mezzanine funds and various fund structures.
Minimum of 8 years of audit and/or operational risk management experience in the asset‑management industry. Audit experience is a plus.
Previous experience in a global organization, including facilitating risk and control self‑assessments, reporting and analyzing internal and external risk events, developing key risk indicators, and performing scenario analysis.
Ability to lead a small team of risk professionals.
Analytical mindset and ability to identify, assess, and mitigate key risks, and perform root‑cause analysis.
Ability to effectively influence, negotiate, and drive change within an organization while retaining independence.
Highly ethical individual with a strong moral compass who can effectively challenge management while partnering effectively with them.
Results‑oriented individual who can transform strategy into action.
Excellent project management and multi‑tasking skills.
Superior oral and written communication skills.
Excellent relationship‑management skills with the ability to partner and build professional relationships in a cross‑functional environment.
CFA, MBA or similar certification/credentials are a plus.
What we offer you:
Market‑competitive base salaries, with a yearly bonus potential at every level.
Medical, dental, vision, life insurance, disability insurance, paid time off (PTO), and leave of absence such as parental and military leave.
401(k) plan with company match (up to 4%).
Company‑funded pension plan.
Wellness programs, including up to $1,600 per year for reimbursement of items purchased to support personal well‑being.
Work/life resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
Education benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
Employee stock purchase plan: shares can be purchased at 85% of the lower of two prices (beginning or end of the purchase period) after one year of service.
PGIM welcomes all applicants, even if you don’t meet every requirement. If your skills align with the role, we encourage you to apply.
Salary Range:
$150,000 to $170,000 (may vary by location, experience, and skills).
Seniority level: Director Employment type: Full‑time Job function: Finance and Sales
Prudential is an equal‑opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, genetics, disability, marital status, age, veteran status, domestic‑partner status, medical condition, or any other characteristic protected by law.
If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.
If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.
Prudential Financial, Inc. of the United States is not affiliated with Prudential plc., which is headquartered in the United Kingdom.
A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE
#J-18808-Ljbffr